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7431. Croatia—Post-Tudjman Politics

Author:
Oxford Analytica
Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
Croatia is preparing for two elections—parliamentary polls on January 3 and, following the recent death of President Franjo Tudjman, a presidential contest on January 24. Thus, the population has an opportunity to choose real change, and to set Croatia firmly on the path of economic transformation and European integration, after a period of stilted political and economic development, marked by cronyism, under Tudjman. However, this scenario is by no means certain.
Topic:
Government and Politics
Political Geography:
United States and Eastern Europe

7432. Middle East—Renewed Peace Negotiations

Author:
Oxford Analytica
Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
It was exactly 18 years ago this week that former Israeli prime minister Menachem Begin rushed from his hospital room, where he was being treated for a broken hip, descended on a surprised Knesset, and, within a few hours, forced through a bill imposing Israeli sovereignty on the Golan Heights. This same sense of urgency now animates Prime Minister Ehud Barak in his attempts to negotiate a peace agreement with Syria that will, perforce, require the abrogation of Begin's initiative.
Topic:
Conflict Resolution and Peace Studies
Political Geography:
United States, Middle East, and Palestine

7433. United States—Interest Rate Outlook

Author:
Oxford Analytica
Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
The quarter-point increase in the fed funds rate announced at the November 16 Federal Open Market Committee (FOMC) meeting was accompanied by the adoption of a neutral directive for the inter-meeting period, in place of the bias towards tightening in force since early October. The directive indicates that the Fed intends the rise to be the last of this year. However, the OECD, in its recent Economic Outlook, predicted that another one percentage point increase in the fed funds rate will be needed to restore demand and supply to equilibrium. While the economy will probably not slow sufficiently of its own accord, the incentives to defer action into 2000 mean that rates are likely to remain as they are during 1999, though probably associated with an announced bias towards tightening.
Topic:
Economics
Political Geography:
United States and Europe

7434. United States—Senatorial Stability?

Author:
Oxford Analytica
Publication Date:
09-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
Debate surrounding the US elections in 2000 has centred on the contests for the presidency, and control of the House of Representatives. Far less attention has been placed on the partisan balance within the Senate. During the past two decades, the upper chamber has increased its influence over policy direction, a trend that appears likely to continue. Growing senatorial influence will act as a moderating force in US politics regardless of who occupies the White House or which party holds a majority in the House.
Topic:
Government and Politics
Political Geography:
United States

7435. Middle East—Peace Process Unfrozen

Author:
Oxford Analytica
Publication Date:
09-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
Last week's signing of an Israeli–Palestinian agreement at Sharm al-Sheikh represents an important development in the search for a lasting settlement in the Middle East. The deal illustrates that it is possible to reach an agreement from which all parties will gain, while also exposing enduring problems. The progress made at Sharm al-Sheikh represents, as Nabil Shaath of the Palestinian authority described, an 'unfreezing' of the peace process. Whether the whole process can be infused with greater warmth depends firstly on US efforts to impel the Syrian–Israeli peace negotiations; secondly, it relies on the ability of the regional leaders to make the compromises necessary to reach a peace that all can present as a victory to their domestic constituencies.
Topic:
Conflict Resolution, Development, and Peace Studies
Political Geography:
United States, Middle East, Israel, Palestine, and Syria

7436. United States—Iraq Policy

Author:
Oxford Analytica
Publication Date:
08-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
In the past nine months, the United States and the United Kingdom have pursued a low-intensity military campaign against Iraq. Such actions have been made easier by a lack of political scrutiny. However, the US administration in particular now faces mounting criticism from France, China and Russia, who favour a relaxation of policy, and domestic US interest groups favouring a more activist stance. Despite these pressures, US President Bill Clinton is unlikely to change policy significantly in his remaining 18 months of office.
Topic:
International Relations, Foreign Policy, and Government
Political Geography:
Russia, United States, China, Iraq, United Kingdom, Middle East, and France

7437. United States -- Economic Slowdown?

Author:
Oxford Analytica
Publication Date:
07-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
In recent weeks, economic data has produced conflicting signals about the strength of domestic demand within the US economy. A majority within the Federal Open Market Committee (FOMC) believes that growth will decelerate and that only a small tightening of monetary policy will be necessary in the short term. However, the Federal Reserve has consistently underestimated domestic demand, and there are signs that the economy is still buoyant. Moreover, with improving economic prospects in Europe and Asia, the external forces encouraging lower US interest rates are likely to be reversed. The combination of these factors could put pressure on the Fed to tighten further.
Topic:
Economics
Political Geography:
United States, Europe, and Asia

7438. Some Reflections on Three Mile Island

Author:
Dick Thornburgh
Publication Date:
09-1999
Content Type:
Working Paper
Institution:
Clarke Forum for Contemporary Issues
Abstract:
On the evening of March 28, 1979 America experienced the first, and worst, nuclear power plant accident in its history. The crisis began when a valve opened, unnoticed, allowing coolant water to escape from the plant's new Unit 2 reactor. Following a series of technical and human failures, temperatures within the unit rose to more than 5,000 degrees, causing the fueling core to begin melting. During the next tension-packed days, scientists scrambled to prevent a meltdown while public officials, including Governor Dick Thornburgh and President Jimmy Carter, attempted to calm public fears. In spite of these efforts, thousands of residents fled to emergency shelters or left the state, driven by rumors of an imminent CHINA SYNDROME. In the end, only one layer of the containment structure was compromised and the accident never reached the proportions of the 1986 Chernobyl disaster. The accident nonetheless resulted in the release of some radiation, the quantity and effects of which are still debated.
Topic:
Energy Policy and Industrial Policy
Political Geography:
United States and Island

7439. Panama Canal Transition: The Final Implementation

Author:
C. Richard Nelson, Jr. Gillespie, Brandon Grove Jr., and David E. McGiffert
Publication Date:
07-1999
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
The implications of the transfer of the Panama Canal go well beyond U.S. relations with Panama. This complex transition provides an important lesson for Latin America and the rest of the world on how countries of vastly different size and outlook can work together. The success of this 20 year process lies mainly in first identifying the primary common interest of the United States, Panama and the major canal users: access to an open, safe and efficient canal. Important but secondary concerns, including U.S. military access to facilities in Panama, were addressed during the process but never were allowed to displace the primary interest. By focusing on this clear, compelling key objective, both Panama and the United States were able to accommodate fundamental changes in the political, economic and security context, including several changes in administrations, tough negotiations and even a military confrontation.
Topic:
International Relations, Foreign Policy, and International Trade and Finance
Political Geography:
United States and Latin America

7440. Building an Asia-Pacific Security Community: The Role of Nuclear Weapons

Author:
C. Richard Nelson, James E. Goodby, Tomohisha Sakanaka, W. Neal Anderson, Tomohide Murai, and Shinichi Ogawa
Publication Date:
05-1999
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
The main challenge for Asia is to build a security community that transforms a legacy of military competition into security cooperation. This transformation will be difficult because of the high level of distrust among the states and considerable uncertainty about future relations. Asia lacks the kinds of developed, institutionalized multilateral security arrangements that contribute to transparency, confidence-building and long-term stability. Furthermore, a “ business as usual ” approach that focuses on managing bilateral relationships is unlikely to result in a security community. More attention needs to be devoted to multilateral security efforts. Without the reassurance of a network of cooperative arrangements, including verifiable arms limitations, potential adversaries may place their hopes in achieving unilateral military advantages. Such efforts could foster fears of regional domination and, in turn, a potential arms race that includes nuclear weapons and ballistic missiles.
Topic:
Security and NATO
Political Geography:
United States, Israel, East Asia, and Asia